The medium run effects of educational expansion
Subtitle: evidence from a large school construction program in Indonesia
By: Esther Duflo.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper  8710; Working paper series (National Bureau of Economic Research : Online) ;; working paper no.  8710.
Publisher: National Bureau of Economic Research
Published: 2002
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Human capital -- Indonesia -- Econometric models.; School buildings -- Indonesia.
Description: "This paper studies the medium run consequences of an increase in the rate of accumulation of human capital in a developing country.  From 1974 to 1978, the Indonesian government built over 61,000 primary schools.  The school construction program led to an increase in education among individuals who were young enough to attend primary school after 1974, but not among the older cohorts.  2SLS estimates suggest that an increase of 10 percentage points in the proportion of primary school graduates in the labor force reduced the wages of the older cohorts by 3.8% to 10% and increased their formal labor force participation by 4% to 7%.  I propose a two-sector model as a framework to interpret these findings.  The results suggest that physical capital did not adjust to the faster increase in human capital"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 3/3/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.